NSE NIFTY Analysis – Feb 04, 2010

S&P CNX NIFTY closed up 101.750 at 4,931.850. Volume was 28% below average (neutral) and Bollinger Bands were 60% wider than normal.

Mudgal Crash Oscillators
Technical Outlook

Short Term:Neutral

Intermediate Term:Bearish

Long Term:Bullish


We would only look for a signal to sell.

The momentum is up.

The upward momentum is accelerating.

We would be hesitant to enter this market at present because we [...]

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